Consultant Fee. 5.1 During the term of this Agreement and subject to Section 5.2, the Company shall pay the Consultant a consultant fee in consideration for the provision of the Consulting Services equal $1,000 US month (the "Consultant Fee"). 5.2 The Consultant Fee will increase to $5,000 US per month upon the Company achieving sufficient financing for advanced exploration activities requiring the Consultant to spend 50% or more of his time performing the duties outlined in this agreement.
Appears in 4 contracts
Samples: Executive Consultant Agreement (West Hill Ventures Inc), Executive Consultant Agreement (Pinecrest Ventures Inc), Executive Consultant Agreement (Southborrough Technology Corp)
Consultant Fee. 5.1 During the term of this Agreement and subject to Section 5.2, the Company shall pay the Consultant a consultant fee in consideration for the provision of the Consulting Services equal $1,000 US month (the "Consultant Fee").
5.2 The Consultant Fee will increase to $5,000 US per month upon the Company achieving sufficient financing for advanced exploration activities requiring aggregate financing, calculated from the Consultant to spend 50% or more Effective Date, in the amount of his time performing the duties outlined in this agreement$650,000 US.
Appears in 3 contracts
Samples: Executive Consultant Agreement (Claremont Technologies Corp), Executive Consultant Agreement (Claremont Technologies Corp), Executive Consultant Agreement (Claremont Technologies Corp)
Consultant Fee. 5.1 During the term of this Agreement and subject to Section 5.2, the Company shall pay the Consultant a consultant fee in consideration for the provision of the Consulting Services equal $1,000 US month (the "Consultant Fee").the
5.2 The Consultant Fee will increase to $5,000 US per month upon the Company achieving sufficient financing for advanced exploration activities requiring the Consultant to spend 50% or more of his time performing the duties outlined in this agreement.
Appears in 1 contract
Samples: Executive Consultant Agreement (Princeton Ventures Inc)
Consultant Fee. 5.1 During the term of this Agreement and subject to Section 5.2, the Company shall pay the Consultant a consultant fee in consideration for the provision of the Consulting Services equal $1,000 750 US month (the "Consultant Fee").
5.2 The Consultant Fee will increase to $5,000 US per month upon the Company achieving sufficient financing for advanced exploration activities requiring the Consultant to spend 50% or more of his time performing the duties outlined in this agreement.
Appears in 1 contract
Samples: Executive Consultant Agreement (Princeton Ventures Inc)
Consultant Fee. 5.1 During the term of this Agreement and subject to Section 5.2Agreement, the Company shall pay the Consultant a consultant fee in consideration for of the provision of the Consulting Services equal $1,000 2,500 US per month (the "Consultant Fee").
5.2 The . Notwithstanding the date of this Agreement, the Consultant shall be entitled to receive the $2,500 Consultant Fee will increase to $5,000 US per in respect of the month upon the Company achieving sufficient financing for advanced exploration activities requiring the Consultant to spend 50% or more of his time performing the duties outlined in this agreementFebruary, 2006.
Appears in 1 contract
Samples: Management Consultant Agreement (Terrace Ventures Inc)
Consultant Fee. 5.1 During the term of this Agreement and subject to Section 5.2, the Company shall pay the Consultant a consultant fee in consideration for the provision of the Consulting Services equal to $1,000 500 US per month (the "Consultant Fee").
5.2 The Consultant Fee will increase to $5,000 US per month upon the Company achieving sufficient financing for advanced exploration activities requiring aggregate financing, calculated from the Consultant to spend 50% or more Effective Date, in the amount of his time performing the duties outlined in this agreement$1,000,000 US.
Appears in 1 contract
Samples: Executive Consultant Agreement (Cybar Technologies Inc)